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China LPG import & export both slip in May

China LPG import volume totals 1.3742 million mt in May 2016, down from April. Demand in traditional combustion sector declines in summer, therefore total LPG import volume in the second qua

7-1-2016 08:47:30

Price-based resources tax levy to kick off overall on July 1st

In the wake of business taxes shifting into VAT, resource tax reform will take place comprehensively on July 1st.

6-30-2016 17:34:28

Shenhua Sales Group achieves more than half of its annual sales target ahead the end of H1

Shenhua Sales Group said on its website on June 24th that it fulfilled 50.2% of its annual sales target even before the close of the first half year (H1).

6-30-2016 16:32:52

Strike in Norway pushed oil prices

According to news from RIA Novosti on 28th June, under the background of Norway Strike, international oil prices started lifted. The strike might lead to a mining interruption of Western Eur

6-30-2016 16:16:52

Xinjiang's outward electricity transmission up by 22.8% YoY in Jan-May

From January to May, Xinjiang transmitted 14.71 billion KWH of electricity out of the region, a yearly gain of 22.8%.

6-30-2016 15:58:52

Steam coal spot prices to outshine coal majors' contract prices in July

Many industrial sources told the reporters on June 29th that waterborne steam coal prices would rise by CNY15/mt at the Chinese northern ports in July.

6-30-2016 14:33:35

Oman crude refining profits rose to CNY149/mt

This week, based on settlement at CNY2,950/mt of light marine crude (density: 0.88-0.90) at Shandong market on June 29th, the theoretical loss of processing light marine crude of Shandong te

6-30-2016 13:43:07

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